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Cyber Insurance: MGM Resorts Reveals $110 Million Cost of Ransomware Hack Hospitality and entertainment giant MGM Resorts has disclosed that a ransomware attack last month has cost the company over $110 million. This figure includes $10 million in one-time consulting clean-up fees. The attack caused significant operational disruptions, particularly in MGM’s Las Vegas properties, and…
Cybercrime MGM Resorts Computers Back Up After 10 Days as Analysts Eye Effects of Casino Cyberattacks Introduction MGM Resorts, one of the largest casino and hotel operators in the world, recently brought its computer systems back online after a 10-day shutdown caused by a cyberattack. The attack, which was attributed to a group known as…
The Threat of Cyberattacks on MGM Resorts and Caesars Entertainment The Breach and the Suspected Vulnerability Last week, both MGM Resorts and Caesars Entertainment fell victim to cyberattacks, with the threat actors behind these attacks now claiming that they were able to breach MGM’s systems through a security vulnerability in Okta Agent. Okta is a…
Casino Giant Caesars Entertainment Reports Cyberattack; MGM Resorts Says Some Systems Still Down Concerns over Data Security in the Casino Industry In a recent development, Caesars Entertainment, the largest casino owner in the world, has reported a cyberattack that occurred on September 7th, 2023. This comes on the heels of a similar cyberattack on Las…
Ransomware Gang Takes Credit for Disruptive MGM Resorts Cyberattack Summary A known ransomware gang, ALPHV (aka BlackCat), has claimed responsibility for a cyberattack on MGM Resorts, causing significant disruptions to the hospitality and entertainment company. The attack, which came to light on September 10, impacted MGM’s website, casinos, and systems used for email, restaurant reservations,…
The MGM Resorts Cyberattack: Disruption on the Las Vegas Strip On September 10th, MGM Resorts experienced a cyberattack that caused widespread disruption to its hotel operations across the United States. The largest single employer in Las Vegas, with several iconic hotels on the famed Strip, including the MGM Grand, Mandalay Bay, Bellagio, Luxor, and Aria,…
MGM Resorts Cyberattack Disrupts Operations on the Las Vegas Strip MGM Resorts, the largest employer on the Las Vegas Strip, is facing a major cybersecurity incident that has left its hotel operations in disarray. The attack, which occurred on September 10, is suspected to be a ransomware attack, although experts have not yet confirmed the…
Cybersecurity Incident at MGM Resorts Shuts Down Systems Hospitality and entertainment giant MGM Resorts recently experienced a cybersecurity issue that forced the shutdown of certain computer systems, including the websites for some of its major Las Vegas and New York properties. The incident, which began on Sunday, has all the hallmarks of a ransomware extortion…